You borrow $325,000 to buy a home using a 30-year mortgage with
an interest rate of 3.75 percent and monthly payment. Calculate the
monthly payment amount. Disregard property taxes and mortgage
insurance.
Group of answer choices
$1,505.13
$1,489.25
$1,417.08
$1,572.46
This morning, you took out a loan of $386,000 to purchase a
home. The interest rate on the 30-year mortgage is 3.75 percent and
you will make monthly payment. You have decided to make additional
monthly payment of $360 beginning...